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lifegear

08/06/09 5:51 PM

#206 RE: investor33 #205

thanks for the DD, at least there's a glimmer of hope for the preferreds with the dividends payable that you discovered

Interesting to note that in the latest (March? I don't know whey they are so behind) monthly operating report on Epiq; docket number 7558, page 13 listed under the heading "accrued expenses and other liablilities", they are still carrying on the books dividends payable as of March 31, 2009 as being $41,309,176. I went back and checked the first filed MOR report, August, 2007, and the same dividend liability was listed.

lifegear

08/06/09 5:56 PM

#207 RE: investor33 #205

that's $6.88 per share dividends for the 6m share preferreds

lifegear

08/06/09 6:23 PM

#208 RE: investor33 #205

correction $8.05 per share, total preferreds is only 5.13M